FinancialJackass on Nostr: #btc #bitcoin chart post from earlier. Do you think we could hit: 4-year 100% ...
#btc #bitcoin chart post from earlier.
Do you think we could hit:
4-year 100% Compound Annual Growth Rate (CAGR), we can use the formula:
Final Amount = Initial Amount * (1 + Growth Rate)^Number of Years
In this case, the initial amount is $100,000 USD and the growth rate is 100% (expressed as 1.00). The number of years is 4.
Final Amount = $100,000 * (1 + 1.00)^4
Final Amount = $100,000 * 2^4
Final Amount = $100,000 * 16
Final Amount = $1,600,000 USD
100% CAGR with all the tailwinds ahead of us for the next 4 years, ETF, FASB, Halving, adoption growth. etc… it’s possible
What do you guys think? To high?
Published at
2023-11-16 19:40:33Event JSON
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"content": "#btc #bitcoin chart post from earlier. \n\nDo you think we could hit:\n\n4-year 100% Compound Annual Growth Rate (CAGR), we can use the formula:\n\nFinal Amount = Initial Amount * (1 + Growth Rate)^Number of Years\n\nIn this case, the initial amount is $100,000 USD and the growth rate is 100% (expressed as 1.00). The number of years is 4.\n\nFinal Amount = $100,000 * (1 + 1.00)^4\nFinal Amount = $100,000 * 2^4\nFinal Amount = $100,000 * 16\nFinal Amount = $1,600,000 USD\n\n100% CAGR with all the tailwinds ahead of us for the next 4 years, ETF, FASB, Halving, adoption growth. etc… it’s possible\n\nWhat do you guys think? To high? https://image.nostr.build/a78ebfe1ed74844cd04659257debde7c319d733083d812a948959535be81d544.jpg ",
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